{"id":104647,"date":"2024-08-14T01:49:00","date_gmt":"2024-08-13T21:49:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=104647"},"modified":"2024-08-14T04:59:23","modified_gmt":"2024-08-14T00:59:23","slug":"fed-official-sees-room-for-easing-policy","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/fed-official-sees-room-for-easing-policy\/08\/14\/market-updates\/","title":{"rendered":"Fed Official Sees Room for Easing Policy"},"content":{"rendered":"\n<p>Raphael Bostic, president of the Federal Reserve Bank of Atlanta, expressed concern about the current tight monetary policy, emphasizing the need for a more accommodative stance in the near future. <\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Bostic also noted that recent inflation data has increased his confidence in the economy&#8217;s ability to achieve the 2% inflation target, but he cautioned that more evidence is needed to confirm this trend.<\/p>\n\n\n\n<p><br>Bostic forecast a reduction in interest rates by the end of the year, citing a strong economic performance as a supporting factor. However, he also pointed to some early indicators of a softening labor market, such as rising layoffs and job cancellations, which could increase pressure on the Fed to ease monetary policy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raphael Bostic, president of the Federal Reserve Bank of Atlanta, expressed concern about the current tight monetary policy, emphasizing the need for a more accommodative stance in the near future. Bostic also noted that recent inflation data has increased his confidence in the economy&#8217;s ability to achieve the 2% inflation target, but he cautioned that &hellip;<\/p>\n","protected":false},"author":13,"featured_media":93880,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6885,10754,9364,7740],"class_list":["post-104647","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-monetary-policy-easing","tag-raphael-bostic","tag-rate-cut"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/104647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=104647"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/104647\/revisions"}],"predecessor-version":[{"id":104658,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/104647\/revisions\/104658"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/93880"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=104647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=104647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=104647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}